13. (10 points) The inventory costing method a company chooses can affect the financial statements and thus the decisions of the people who are using those statements Company A uses the LIFO inventory method and discloses its use of the LIFO method in the Notes to the Financial Statements Company B uses the FIFO method to account for its inventory Company B does NOT disclose which inventory method it uses. Company B reports a higher net income than Company A In which company would you prefer to invest? Give your reasons. (For example, how do these methods affect the financial statements and what are the tax implications.)